Bonded Shipments

Bonded shipments refer to the movement of goods under customs control and supervision. When goods are transported as bonded shipments, they are held in a designated bonded warehouse, terminal, or facility that is authorized by customs authorities. The purpose of bonded shipments is to defer the payment of customs duties, taxes, and other import fees until the goods are released for consumption or until they are exported to another country.

By utilizing bonded shipments, importers and exporters can take advantage of temporary storage or processing without immediate financial obligations to customs. Bonded warehouses or facilities are secure areas where goods can be stored, manipulated, or undergo value-added processes, and they are subject to strict customs regulations.